Manufacturing industries dominate a new list of "America's Advanced Industries," according to a new report from The Brookings Institution’s Metropolitan Policy Program.
Few public policy leaders would argue with the contention that high-technology is the surest and fastest way to grow a company or a nation, but too many misunderstand what "high-technology" really means -- it means manufacturing.
The research findings are a significant step toward educating America's public policy leaders that they must understand how manufacturing, and other advanced industries identified in the report, have been and always will be a cornerstone of the nation's high-technology future -- a source of broad-based, high-quality jobs and "the country's best shot at supporting innovative, inclusive and sustainable growth.
In conducting the research, Brookings set out to identify the industries that are critical to America's future, identifying "the nation's 'tech' sector at its broadest and most consequential."
The industries they identified are those that "invest heavily in technology innovation and employ skilled technical workers to develop, diffuse, and apply new technologies to enhance firm productivity."
Manufacturers on the Advanced Industries (AI) list employed 5.5 million, which was 44% of total employment in the AI, and had an annual growth rate of 3%. (Data is latest available, 2013)
Take a look at the 35 manufacturing industries that made the list.
Read the full report: "America's Advanced Industries:What They Are, Where They Are, and Why They Matter"